{"id":4873,"date":"2024-02-23T13:32:18","date_gmt":"2024-02-23T13:32:18","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=4873"},"modified":"2024-12-20T12:02:50","modified_gmt":"2024-12-20T12:02:50","slug":"how-to-change-your-nps-default-bank-account-a-step-by-step-guide","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/how-to-change-your-nps-default-bank-account-a-step-by-step-guide\/","title":{"rendered":"How to Change Your NPS Default Bank Account: A Step-by-Step Guide"},"content":{"rendered":"

How to change Default Bank Account in PRAN?<\/b><\/h2>\n

Option 1: Via eNPS portal<\/b><\/h3>\n
    \n
  1. Please visit <\/span>https:\/\/nps.kfintech.com\/Login\/Login<\/span><\/a>\u00a0\u00a0<\/span><\/li>\n
  2. Log in with your PRAN number & Password.<\/span><\/li>\n
  3. Navigate to: Service Request => Update Bank details.<\/span><\/li>\n
  4. Select Account Type => Tier 1 or Tier 2 or Both (if Tier 2 is available.)<\/span><\/li>\n
  5. Enter the new bank account details (Account Number, IFSC, Type of account.)<\/span><\/li>\n
  6. Verify the captured details & accept the T&C.<\/span><\/li>\n
  7. Authenticate the request with either OTP or eSign through Aadhaar.<\/span><\/li>\n<\/ol>\n

    Note:<\/strong> Subscriber\u2019s name as per PRAN Name and Bank name must match. Charges for each Bank verification is \u20b91.90 plus applicable taxes.<\/span><\/p>\n

    Option 2: Via Paytm Money<\/b><\/h3>\n
      \n
    1. Once the default bank is updated<\/a> for Mutual Fund & NPS at Paytm Money, the user can share the soft copy of duly signed & filled Annexure S2<\/a> along with the latest bank proof from the registered email to NPS support email id <\/span>nps.support@paytmmoney.com<\/span><\/a> or <\/span>npscompliance@paytmmoney.com<\/span><\/a>\u00a0<\/span><\/li>\n
    2. Alternatively, the user can upload the scanned modification images by raising a Customer Service ticket from Paytm Money app or website.<\/span><\/li>\n
    3. Once the request is received, the details in PRAN records are expected to be updated within T+1 working days, post-verification.<\/span><\/li>\n<\/ol>\n

      Note:<\/strong> The latest bank proof should contain the user name, Account Number, IFSC, Type of account and User Signature. PRAN Name and Bank proof name must match with PRAN records.<\/span><\/p>\n

      Updating your Default Bank Account will ensure that your withdrawals remain unaffected, and you continue to enjoy a seamless investment experience with Paytm Money. If you need any further assistance in updating your default bank account, please reach out to us at <\/span>feedback@paytmoney.com<\/span><\/a><\/p>\n

      Disclaimer:<\/strong> Paytm Money Ltd. SEBI Reg No. Broking \u2013 INZ000240532. NSE (90165), BSE (6707), Registered with Pension Fund Regulatory and Development Authority (PFRDA) as NPS ePOP (269042019) Reg Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi, 110019. For more details, please visit: https:\/\/www.paytmmoney.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

      How to change Default Bank Account in PRAN? Option 1: Via eNPS portal Please visit https:\/\/nps.kfintech.com\/Login\/Login\u00a0\u00a0 Log in with your PRAN number & Password. Navigate to: Service Request => Update Bank details. Select Account Type => Tier 1 or Tier 2 or Both (if Tier 2 is available.) Enter the new bank account details (AccountContinue reading “How to Change Your NPS Default Bank Account: A Step-by-Step Guide”<\/span><\/a><\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-classic-ns.php","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-4873","post","type-post","status-publish","format-standard","hentry","category-announcements"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/4873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=4873"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/4873\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=4873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=4873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=4873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}